Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Industri |
Industri | Anläggning & bygg |
2021-02-11 07:00:00
Q4 2020 Highlights
- Positive working capital development and strong cash balance
- Turnover growth 66%
- Gross margin reduced due to higher than expected sales of a low margin product
- EBITDA MNOK 11,1 (14% of revenues)
- Operating cost as a share of revenues has been reduced
- New sales of electric vehicles in Europe continue to grow
- Technology development with new product launch in Q1-21 is on schedule
- Successful share issue and IPO on Euronext Growth
Outlook
The growth in EV demand is substantial, as is the speed of development in
technology, customer awareness and ecosystems. This adds increased potential to
Zaptec's business proposition and growth prospects while at the same time making
guiding challenging.
Against this perspective the company will continue its national and
international growth efforts, and update the financial market on a regular basis
and at least quarterly about developments, status and outlook.
Please refer to the attached report and presentation for further details.
For more information:
Anders Thingbø, CEO, Zaptec AS
Tel: +47 934 88 385, e-mail: at@zaptec.com
Kurt Østrem, CFO, Zaptec AS
Tel: +47 404 04 700, e-mail: kurt@zaptec.com
About Zaptec:
Zaptec is a leading developer and seller of charging systems for electric
vehicles and related technology for multi family homes, office buildings and
large parking facilities. Its chargers have integrated phase-balancing
technology and utilise Automatic Power Management software, allowing charging at
significantly higher speeds compared to conventional chargers without such
technology. The group has 34 employees and is headquartered in Stavanger,
Norway.